Music Licensing Inc (SONG)

[One O'Clock Drop]

UPDATED: Pro Music Right reverse merger into $NUVG

Here are the basics.

Their twitter page is very active. I suggest you go through it to get a feel for their style. @ProMusicRights

This is their OTCM page, but it’s being updated. Most of the info on it is from the previous company. That has already started changing though. You can already find Jake Noch as CEO.

NUVG - Nuvus Gro Corp | Company Profile | OTC Markets




Their share structure is amazing. Only 67 million outstanding shares, and most of that is restricted

Announcement of the reverse merger https://finance.yahoo.com/news/pro-music-rights-inc-one-123000803.html



Announces Jake Noch as new CEO of NUVG
https://www.prnewswire.com/news-releases/pro-music-rights-inc-announces-jake-p-noch-as-new-ceo-of-nuvus-gro-corp-otc-pink-nuvg-301590705.html



Qualifications of Jake Noch
https://files.brokercheck.finra.org/individual/individual_7323097.pdf


This is an important tweet about their value and share structure going forward

$NUVG Low Revenue Currently as we had some cash flow issues During Covid-19, However, we have already started on collections with a great success rate & have 1.2B+ USD owed to the company over the next five years, we are in the process of trying to get - pt1 https://t.co/HoHS3nnaoH

— Pro Music Rights (@ProMusicRights) July 21, 2022

This from BEFORE Pro Music rights bought the controlling block in $NUVG.
As you can see, assets were rising year over year, and this fits with the most recent valuation in May 2022 of 414 million dollars

It can be found here
https://www.sec.gov/Archives/edgar/data/0001831925/000121390022019488/ea158372-s1a3_promusic.htm

Thank you @CorbellSherri

Here’s an excerpt from Pro Music Rights now withdrawn S-1/A before they bought the control block in $NUVG
This can be found here: https://t.co/rO2NzWY4SV pic.twitter.com/MCkpzT0P9N

— Sherri Corbell (@CorbellSherri) July 23, 2022

Here’s a reply to a person on twitter stating that he is not diluting



Also, there are no plans for a reverse split

$NUVG Currently there are no plans for a Reverse Split - we were initially reviewing if a forward slipt might be needed due to historically low volume but The past 24 hours have changed my thoughts on that drastically.

— Pro Music Rights (@ProMusicRights) July 21, 2022

They are moving quick. They stated they’d get this form filed and they did https://www.otcmarkets.com/filing/html?id=15961418&guid=WKU-knejEd9kdth


You’ve seen the numbers.

414 million dollars in assets.
1.2 billion dollars in collections in the next five years.
All squeezing into 67 million outstanding shares with no plans for dilution or changing the SS.

This reverse merger isn’t an “IF”. It’s a done deal and the paperwork is being filed.

I will not even get into the multiples on the stock price. I’ll let others discuss that. But this is worth TEN’s of dollars per share.